#layoffs

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June 4th is the actual mass layoff day! It's all AI driven too!

In a meeting about AI, (I am working on two Claude AI models now) it was slipped to myself and another by a market VP that they are looking deep into AI driven models to replaced human bodies. May is the month they will be collecting names of those that have not done all the AI training, looking to flat out replace them with AI driven models. The bottom line is this, on June 4th those that have just rejected AI and have not embraced AI will be removed from Verizon. Those that have embraced AI and have done all the training will still be employed on June 5th. That is the plan as it was told to me. On a side note our Claude code will replace many bodies in finance.


intel improvement is fraudulent - possibly a stock scam

'Under the August 2025 deal, the Trump administration agreed to purchase 433.3 million Intel shares at $20.47 per share, equal to about a 9.9% stake, valued at around $8.9 billion, funded largely by previously awarded but unpaid CHIPS Act and Secure Enclave grants.

According to Bloomberg, those 433.3 million Intel shares owned by taxpayers are now worth a staggering $36 billion, netting taxpayers a $27 billion paper gain.'

funded by yet again US debt
a paper gain
expect more layoffs since the improvement was fake


What companies are laying off workers the week of April 27?

Tell everyone what you or hear about layoffs, companies, number of staff, location, etc.

Any information is appreciated.

We all need to be prepared and have our finances and resumes in order. Recommend to start preliminary job search process now.

Best of luck 🤞 to everyone.


Pay?

I’ve been at Nike for a while in a level 35, I just assumed directors and sr directors made a little more than me. Then talking to colleagues that are friends, didn’t realize directors make 200k+, sr directors 300k+. I feel like 75% of my team is directors & sr directors and now everything happening makes more sense. Not sure if those numbers are correct, but if they are with the amount of directors and sr directors at the company I understand why we are cutting all these jobs. 4 of the directors on my team don’t even have a report lol.


RIF - SLs,GCLs

In two weeks, a RIF will take place at WI ,Wealth & Brokerage. The SL/CL roles will be combined, and SLs will be asked to assume G8 positions. GCL roles with fewer than 8–10 direct reports will be eliminated. In most cases, GSLs will take over the responsibilities of GCLs.


AirMI Leaders are A-s

Leadership at AirMI is trash. Laying off the people who do the work and taking forever while doing so. Soon they will be blowing smoke about the “change curve” and “new ways of working.” Please get fu---d!
Also good luck to my fellows under Satan’s least favorite group of gals: AS and MC. I hope the misery ends soon.


Many of tried to tell you…

We tried to warn you early on a couple years ago that both outsourcing and AI was coming for al of our jobs. But you simply did not want to listen.

Well, now it is coming for your jobs as well. You should have listened and joined your voices with ours, when there may have been a chance if enough people would have early on voiced their concerns and complaints as to what we were all seeing.

Perhaps, leadership would have expressed upstream their employees frustration. And maybe senior leadership would have given in and taken a different course.


New H1b changes

Something coming for H1b. Just under debate. H1b extensions will also be cut down drastically.

Reducing the annual H-1B cap from 65,000 to 25,000 and eliminating existing exemptions
Requiring employers to certify they cannot find a qualified American worker and have not conducted layoffs
Setting a minimum H-1B wage of $200,000 per year
Barring H-1B workers from holding multiple jobs and prohibiting third-party staffing agencies from employing them
Disallowing H-1B workers from bringing dependents to the United States
Prohibiting federal agencies from sponsoring or employing nonimmigrant workers
Ending Optional Practical Training (OPT)
Ensuring nonimmigrant visas remain temporary by prohibiting H-1B holders from adjusting status to permanent residency
Requiring nonimmigrants to depart the United States before changing to another nonimmigrant status

Link:
https://crane.house.gov/2026/04/22/rep-crane-introduces-legislation-to-pause-and-reform-the-broken-h-1b-visa-process/


Confirmed 10k buyout for carman / mechanical

Just got word from union rep appears they are offering a 10k buyout shortly to entice employees to quit instead of collecting whatever garbage unemployment is available. Sounds like another big wave of layoffs is in the future until the shareholders are satisfied. I encourage everyone to start looking for other employment while you can


Time to trim the fat

For too long useless management employees have been su-kling the te-t of AT&T, fattening themselves off of the milk of other’s labor. Let the layoffs begin so we can maximize revenue per employee and become a market based culture where you have to compete for your position and earnings in the company.


Legasl requitrements

Basically this is a way for a company to downsize older workers (and their higher salaries ) without breaking the law. Its not so much about making it less brutal.

The rest of the workforce is told it's less brutal because those who take severence are about to retire anyway. It simply accelerates that choice.

Legal Requirements

Employers typically offer severance in exchange for the employee signing a General Release of Claims, which prevents them from suing the company for wrongful termination or discrimination.

Review Periods: Under the Older Workers Benefit Protection Act (OWBPA), employees aged 40+ must be given 21 days to review an individual agreement (45 days for group layoffs) and 7 days to revoke their signature.
The federal WARN Act requires employers with 100+ workers to provide 60 days' notice for mass layoffs. Failure to provide notice often results in the employer paying 60 days of salary as a penalty, which effectively acts as a mandated severance


Purpose of This Site - Gone Off the Rails

This site should be one that provides information for those who have been affected by a layoff. It has devolved into name calling, bashing the company, and just saying mean things about current employees. Seriously, if you just want to say mean stuff, go post on Twitter.

There are repeater posters on here that are doing nothing but trying to scare people that all is lost. You should be ashamed of yourselves.


A Masterclass in Who You Know

Nepotism is everywhere, sure, but this place has industrialized it. Leadership’s kids, cousins, college roommates, golf buddies, family friends, Intel connections, and basically anyone who’s ever made it onto the holiday card list get quietly slotted into comfortable roles, while layoffs sm--k around the downtrodden and the rest of us sit here waiting to see whose number gets called next. And somehow, they still have the audacity to parade it all over LinkedIn and every other social platform like it’s a leadership masterclass, a kind of “how to succeed in business” series where step one is simply being related to the right person. At this point, merit isn’t just optional, it’s almost suspicious.


May 4th All Employee Meeting - Predictions

Since not enough of you volunteered to ensure that we can continue to receive SLT and EC level bonuses we are gong to let go the volunteers that we determine necessary and e have a separate list that we will be letting people go from. We will be reducing the total headcount by 15%

Don’t worry though we are seeing improved margins and orders coming in form customers. Are marketing efforts are starting to seeped up and take off and the future is bright for those whom are remaining